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The lithium rout can’t seem to stop the ASX’s most shorted stock

While there are many things to be wary of in mining, one is domestic champions going offshore. Can Pilbara Minerals become a two-trick pony?

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West Australian lithium miner Pilbara Minerals is very good at one thing. In an industry where no one wants to be a one-trick pony, can it be good at two?

If it is, the $8.5 billion Pilbara Minerals is going to have to prove the doubters wrong. You could sense the groans coming out of investors’ offices in Sydney and Melbourne as the domestic champion miner made its big strategic move.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-lithium-rout-can-t-seem-to-stop-the-asx-s-most-shorted-stock-20240815-p5k2np